SEEDS ICO

Introducing SEEDS and SONchain

Introducing SEEDS – Connecting the Middle East

Blockchain in the Middle East is rapidly developing. As the face behind one of the region’s largest social media apps, “SOMA”, we believe that blockchain technology can improve the interconnectedness within the region.

About SEEDS

SEEDS is completely built on the internally developed SONchain and acts as a first use-case of the new blockchain. The primary function of the token is to utilize existing social media apps to successfully integrate a coin into the Middle Eastern population. Despite its variety of functions, the aim of the token is to connect the Middle East through its usage.

Private sale starts in...

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SONchain – The blockchain behind SEEDS

Functions

SONchain has the function and easier usability needed for the perfect commercial application, and promotes the practice of the realization of the application. It has a BFT – Delegated Proof of Stake Consensus Algorithm.

Supports a flexible configuration modification of all network nodes, whilst the configured data maintains high consistency

Based on the SDK interface to enhance a business developing process that is more consistent with enterprise software development practices

Supports the grouping of multiple copies to store files. It saves hash files on the blockchain to increase the storage and network synchronization efficiency of blockchain.

Performances

High transaction throughput and low time-delay

Optimization of transaction dealing processes

Parallel computing architecture

Safety

High frequency encryption protection for communication layer, user data and other modules.

Supports a variety of cryptographic algorithms, including the privacy protection algorithm based on cryptography.

Provides the best practice in security and guarantees the safety of the whole network.

SEEDS TOKEN

Although Currently focused on the Middle Eastern Market, our ultimate aim is to expand SEEDS to the entire world and enable developing, transition and developed economies the easy exchange and use of a variety of services and products.

Cross-Border Payments Among the Middle East

Due to their common culture, SOMA users work and live in different Muslim countries in Asia, Africa or Europe. This is a quite common user scenario and brings a large flow of foreign currency exchanges with high exchange fees. SEEDS makes this kind of exchange more convenient, through the tap of a finger only.

DApp store

SEEDS will provide a DApp store with the frontend built in SOMA Instant Messenger as a feature. This new technology will bring more value to users and will provide a diverse eco- system.

Game financing

The Middle Eastern population, of which 60% are younger than 25 years of age, has a large passion for mobile gaming. It is the named age group that has an extraordinary passion for online entertainment, shopping and social networking. Through gaming, the SEEDS token will be used throughout the daily life of many individuals in the Middle Eastern Region. SOMA’s and Instanza’s existing partnerships will make the token’s implementation into the app effortless.

Direct Purchase of Goods

SOMA has existing partnerships with popular e-commerce pages such as awok.com, on which users will be able to use SEEDS to pay for goods. Applying the usage of SEEDS outside of the actual social media app and experience will give the coin a real-world value that users are able to use.

Incentives

Veteran users are incentivised to invite other users to the platform, creating an organic growth of the platform. Furthermore, users are welcome to develop new decentralized Applications (DApps) based on the SONchain. The DApp rewards developers for their first launch. SONchain developers will continue to work with DApp developers if their DApp addresses problems that users encounter frequently.

Personal Loan Services

The hoarding of cryptocurrencies leads to the yielding of currency liquidity. Although hoarding may raise the price of cryptocurrencies momentarily, the actual market is vulnerable. Personal loans are optimal for the balancing out of hoarding and profit from the currency circulation. A personal credit will be calculated from transaction histories recorded by SOMA. Users can trade and purchase with their credit while SOMA profits by users hoarding.

Languages

Road Map

2011: Instanza, the face behind SOMA and SEEDS, is incubated by the Harvard Incubator.

2013: SOMA receives investment from Alibaba

2015: SOMA launches the app and receives ten million new users 30 days after its launch

2016: SOMA is the most downloaded app in Saudi Arabia

2017: SOMA has 34 million users

January 2018: The SEEDS and SONchain project is launched

July -August 2018: SEEDS undergoes the private sale phase

September – October 2018: Seeds undergoes the main sale

End of 2018: Distribution of SEEDS tokens to ICO contributors

2019: Full implementation of SEEDS into the SOMA app

2020-2021: Expansion of SEEDS and SOMA to new markets in Latin America, North America, Europe and Africa.

Road Map

2011: Instanza, the face behind SOMA and SEEDS, is incubated by the Harvard Incubator.

2013: SOMA receives investment from Alibaba

2015: SOMA launches the app and receives ten million new users 30 days after its launch

2016: SOMA is the most downloaded app in Saudi Arabia

2017: SOMA has 34 million users

January 2018: The SEEDS and SONchain project is launched

July -August 2018: SEEDS undergoes the private sale phase

September – October 2018: Seeds undergoes the main sale

End of 2018: Distribution of SEEDS tokens to ICO contributors

2019: Full implementation of SEEDS into the SOMA app

2020-2021: Expansion of SEEDS and SOMA to new markets in Latin America, North America, Europe and Africa.

Meet our team

Alexander Lempka

Co Chief Executive Officer
and head of European markets

Alex has previous experience in the blockchain industry, being the CEO and co-founder of Coinounce, a Swizerland-based localization and marketing company assisting ICOs in their market expansion.

Andrew Villeday

Chief Technology officer

Andrew has studied at the University of Wales in Aberystwyth, the University of Puget Sound, and holds a B.Eng (Hons) in Software Engineering. He has worked for Aircom International in Surrey and has technical expertise in the following areas.

Andrew Bakst

Co chief Executive officer and Head of American markets

Andrew Bakst is a recent graduate from Stanford University earning his B.S. in Product Design. He has previous work experience as an entrepreneur in government technology, an associate in venture capital, and an analyst in private equity, but now spends his team researching and investing in crypto assets.

Olga Rogaleva

vice president

Olga will act as Vice President for the ICO. She has worked at WOW Design Limited, assisting the Office Manager in the marketing brochure design and introducing new fee proposal layouts. She is attending the Kaplan Business and Accountancy School in Hong Kong

Richard Burke

Cambridge University: Honours degree in Mathematics Project Manager at Royal Bank of Canada

David Mann

David Mann is a recent alumni of the University of California, Los Angeles earning a B.S. in Biochemistry. While preparing for and later forgoing a career in Medicine, David led a student research group, presenting novel findings at conference. While staying involved in various philanthropic and political collegiate endeavors, David worked in a Business Development role for Express Capital Funding and later worked for Landfair Capital Consulting providing analysis on early stage blockchain and token based project in early 2017.

Andrew Musk

Dr Mohammed-Hassan Al Emara

Dr Mohammed-Hassan Al Emara is the Co-Founder of The Continental Group, a London based company which has developed several startup businesses including Continental Estates. The company’s track record has overseen over £100 million in contract exchanges since its formation.

Completing a BSc in Biochemistry at King’s College, followed by a MSc at University College London in Biochemical Engineering, Hassan went on to gain his PhD in alternative energy.

Adwa AlDakheel

Adwa AlDakheel is a business woman and one of the most influential figures on Social Media in the GCC region all by the age of 25. In a recent study done on the most influential Social Media figures in the Middle East, Adwa was in the top three. With a reach of over 2+ million individuals on social media, Adwa’s content revolves around education, social responsibility, and lifestyle.